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News & Press: SARS News & Tax Administration

BPR 185 - Corporate Rules: Disposal of assets and liabilities as part of a group restructure

11 December 2014   (0 Comments)
Posted by: Author: SARS
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Author: SARS

SARS has released binding private ruling 185, which deals with the disposal of assets (including the equity shares held in various subsidiaries) and liabilities (including contingent liabilities) from one company to another company under section 42 of the Income Tax Act. 

Please click here to access the ruling. 


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